Catherine welcomed a visit from the Chancellor of the Exchequer Rachel Reeves and the Secretary of State for Science, Innovation and Technology, Peter Kyle, to Accord Healthcare’s site in Fawdon to welcome a £50 million investment, backed by the Government.

 

Since officially opening the facility at the former Sanofi Aventis and Crown Speciality Packaging site on Edgefield Avenue in January 2018, Accord Healthcare has brought high-quality skilled jobs to Newcastle and contributed to improving the UK’s health resilience.

 

This new investment will see more jobs brought to Fawdon and the development of a state-of-the-art manufacturing facility to supply more lifesaving medicines, including to the NHS.

 

The new Labour government is committed to kickstarting economic growth, including a new partnership with business to boost growth everywhere. At the Budget earlier this week, the Chancellor also announced a £20.4 billion investment in UK research and development to drive economic growth and invest in our science and technology sector.

 

Speaking about today’s visit, Catherine said: “Over the last eight years, Accord Healthcare have worked hard to develop their Fawdon site, providing good local jobs and improving the UK’s medicines resilience. Today’s announcement of this investment is a vote of confidence in Newcastle as this Labour government does all it can, working with business, to grow our economy.”

 

The featured picture is from Catherine’s visit to officially open the Accord Fawdon site in January 2018. For more information about the investment, you can visit: https://www.gov.uk/government/news/chancellor-welcomes-50m-boost-for-medicines-manufacturing

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